Sweden's Klarna targets up to $14 billion valuation in long-awaited US IPO


FILE PHOTO: A sign is pictured at the entrance of Klarna's headquarters in Stockholm, Sweden on May 25, 2022. REUTERS/Supantha Mukherjee/File Photo

(Reuters) -Sequoia Capital-backed Klarna said on Tuesday it was aiming for a U.S. listing valuing the fintech at up to $14 billion, moving it closer to its long-awaited market debut as investor appetite in high-growth tech stocks revives after a years-long dry spell.

Companies that postponed going public are returning to test investor interest, supported by steadier markets and improving confidence.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Sequoia to join GIC, Coatue in Anthropic investment, FT reports
South Korea to negotiate with the US for favourable chip tariff terms, official says
'Take a break': YouTube targets the endless scrolling of teens
Elon Musk's X limits Grok's sexually explicit AI image generation
Buy Steve Jobs' bow ties, desk and more Apple history at this auction
Amazon testing drone flights in UK ahead of 2026 air delivery launch
Musk seeks up to $134 billion from OpenAI and Microsoft
EU to bar Chinese suppliers from critical infrastructure, FT reports
South Korea says US chip tariff to have limited immediate impact
Gmail users must make major decision regarding new AI features in their email

Others Also Read